Category: Popular Hldgs

Buy @ $0.225

Was trying to Jump-Q for $0.22 during 5pm matching but last minute, someone tipped the Buy Price to $0.225. Q1 Results will be out later, am expecting it to be worse than last year but will still be profitable and most likely better than 2 years back. 😀

Buy @ $0.23

Take the risk to Jump-Q at 5pm when I saw 84 lots in Q. Quite a lot done at this price today but Buy Q was too long for me. Either weak holders eg. Traders, are being weeded out or the sophisticated ones are anticipating a weaker Q1 (compared to last year, which has Properties sold) and the chances of prices to weaken after xd… 😀

Buy @ $0.235

Itchy fingers, went to buy some more as someone was selling a lot. Didn't check my free cash as I was outside when I submitted the buy order and ended up short of cash. Had to quickly sell my recently bought KGT. Have reached my 'can't sleep' limit for now. Also low on cash. Will likely stop buying unless finger gets itchy. 😀

Buy @ $0.235

Went crazy, buy at my highest price ever! Someone sure has a lot to sell at this price, clearing the Buy Q every time. Got another fella, keep buying at $0.24, 1 lot each time. Skali same fella…. trick people like me to buy… 😀

With the AGM, an EGM will be held after it for shareholders to vote on their proposal for a Share Buy-Back mandate. Unless it's a smoke-screen, it's very unlikely that Mr Chou is planning to do a General Offer after all. Perhaps his stake of 57.03% is too low and likely to fail unless he offers at a much higher price. I think better chance of success if he has >70% stake.

Anyway, with a Share Buy-Back mandate (if approved), it can actually help him reduce the no. of shares, thereby increasing his %.

Will be watching the Q113 (Jul) figures closely. If no more growth, better start running….

As for Ei8ht Raja (near Balestier Rd), it looks like they'll only launch next year when it TOP. Previously, I look at it as a cup Half-Empty ie. fearful that it'll result in huge write-downs if they can't sell. But now, I see it as Half-Full ie. I think their Balance Sheet is strong enough (lots of cash) such that they're sticking to their rather unique approach (in Singapore context) to launch only when it TOP! I guess (and hope) they'll only sell when there's profits… so ya.. potential for additional earnings next year??

Lastly, PE = 6.35 ; Yield = 5.532% to convince myself… What's worrying is the low NPM = 5.52% (improved from FY11 = 4.56%). But, in the AR2012, the Chairman statement said they're the No.1 in Singapore, Malaysia and HK! If they can't make $$ with their No.1 position, who else can? Very likely, NPM too low becomes a good Entry Barrier + Competitors died a natural death, so consumers have not much choice but to continue to buy from Popular Hldgs.. 😀

So, in summary, scrutinise the Q1 (Jul) results closely for clues… should be due aro' end-Aug to B-Sep.

Buy @ $0215.

Q'd when mkt just opened and just done. I have reached my target holdings (now my No.1 stock) and will likely stop buying for a while unless sellers appear or it drop. 😀

Buy @ $0.215.

Add to my collection. Mostly done at $0.215, with someone buying up some lots aro' 5pm and during matching at $0.22. There was also a married deal for 900 lots at $0.216. 😀

Buy @ $0.215.

Went crazy, follow LS to Q for some and got it at my highest buy price ever. Suddenly very high volume today = 7358 lots with range = 21ct to 22.5ct. Either Mr Chou had raised his buy price or very likely, invaded by Traders (1 bid = 0.5ct is ~2.4%, very good profits).

Let's see if it'll drop back to 20.5ct or lower before xd (I'm biased as I'm vested but I think with such good fundamentals and likely more years of growth from Malaysia side, very unlikely!). 😀

Buy @ $0.205.

Saw some in Sell Q during 5pm matching, so went to Jump-Q. 😀

Buy @ $0.205.

Continue to buy. Let's hope it doesn't end up like HLFin… 😀

Buy @ $0.205.

Decided to add more to my collection as I can't find any other alternatives. 😀